Update on Jose AngelJosé is very happy with the assistance he has received, and since he is already preparing everything for planting corn and beans, he has decided to invest again in the purchase of compost, pesticides and insecticides, and to pay for the labor he needs to plant and collect the harvest. This will enable him to satisfy his customers, and to get a better harvest and better earnings.
With the money he previously received, he increased his harvest, his economic situation improved, and his family has access to better health and food.
Con el capital que se le dio anteriormente aumento su cosecha, su situación económica mejoro, su familia tiene acceso a mejor salud y mejor alimentación.
Previous Loan DetailsJosé is 35 years old. He lives with his family. He has two children ages 18 and 20. José makes a living growing corn to provide for his family. He learned to grow corn when he was a young boy from his parents. He has been working on his own for the last ten years. José works from Monday to Saturd... More from Jose Angel's previous loan »
Concurrent and Successive Loans
Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.
This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.
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About El Salvador
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Success!! The loan was 100% repaid